Appfolio Inc expected to post earnings of 89 cents a share - Earnings Preview

AppFolio

23/04/2024 21:29

* Appfolio Inc  APPF.OQ   APPF.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Santa Barbara California-based  company is expected to
report a 31.3% increase in revenue to $178.689 million from
$136.1 million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Appfolio Inc is for
earnings
of 89 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Appfolio
Inc is
$241.00​, above​ its last closing price of $214.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.73        0.72       0.88      Beat    21.7
 Sep. 30 2023  0.41        0.41       0.60      Beat    45.2
 Jun. 30 2023  0.14        0.12       0.23      Beat    94.9​
 Mar. 31 2023  -0.06       -0.05      -0.01     Beat    80
 ​​Dec.        -0.11       -0.13      -0.05     Beat    60.3
 31 2022                                                
 Sep. 30 2022  -0.09       -0.12      0.11      Beat    193.6​
 Jun. 30 2022  -0.06       -0.08      0.03      Beat    139.5
 Mar. 31 2022  0.00        0.01       -0.12     Missed  -2,500
 This summary was machine generated April 23 at 20:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)